Bonds u/s 54ec


(Querist)
11 January 2019
Dear exeprts,
as NHAI/REC Bonds limit is maximum 50 lacs in a year within 6 months from the date of sale.
Property is sold in jan 18.
My query is can i invest 50 lacs till march and then 50 lacs upto july, as financial year change?


Nikhil Kaushik (Expert)
11 January 2019
you can invest upto July.

HKB Associates (Querist)
11 January 2019
by this i can avail 1 cr bond for exeption or not?

Nikhil Kaushik (Expert)
12 January 2019
believe the act is very clear that the maximum limit for exemption is 50 lacs. I hope you are looking at the act too.


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